Scams

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Queensland’s Office of Fair Trading (OFT) is advising Aboriginal and Torres Strait Islander consumers to protect themselves after it was revealed they had lost millions of dollars to scammers. Fair Trading Executive Director Brian Bauer said Indigenous Australians last year reported more than 2,700 scams resulting in $2.1 million in losses, and that figure was…

Read More Indigenous Australians lose millions to scammers

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The Australian Securities and Investments Commission, as one of the agencies responsible for the National Indigenous Consumer Strategy (NICS), urges Indigenous consumers to be wary of scams, including anyone calling them out of the blue asking for personal details or offering investment opportunities. As part of National Scams Awareness Week, which began on 17 August…

Read More ASIC warns Indigenous consumers about scams

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The ACCC has launched a podcast series for this year’s National Scams Awareness Week to provide Australians with tips on how to protect their personal and financial details from scammers. The five-episode podcast series, ‘This Is Not Your Life’, is produced by Julian Morrow, the creator of ABC TV’s consumer series The Checkout. The podcast,…

Read More National Scams Awareness Week: ‘This Is Not Your Life’

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The Australian Communications and Media Authority (ACMA) today launched the next phase of its action plan to combat scams, unveiling a suite of new resources designed to help Australians protect themselves on their home and mobile phones from scams. Chair of the ACMA’s Scam Taskforce Fiona Cameron said scammers are using the COVID-19 pandemic to take advantage of…

Read More ACMA moves to protect Australians from phone scams

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Scamwatch has received over 2000 coronavirus-related scam reports with over $700 000 in reported losses since the outbreak of COVID-19 (coronavirus). Common scams include phishing for personal information, online shopping, and superannuation scams. Visit Scamwatch for details on how scammers target consumers and tips to protect yourself. If you have been scammed or have seen…

Read More Scammers use COVID-19 to take advantage of consumers across Australia

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The Queensland Office of Fair Trading warns of employment opportunity scams in the following media release. COVID-19 has unleashed literally hundreds of scams across Australia and the next ones the Queensland Office of Fair Trading wants consumers to watch out for are employment opportunity scams. Fair Trading Executive Director Brian Bauer said scammers hiding behind…

Read More Consumers urged to look out for employment opportunity scams in the wake of COVID-19

Cans of food stacked on a shelf in a grocery store Cans of food stacked on a shelf in a grocery store

The United Nations Conference on Trade and Development (UNCTAD) has released the following statement, calling for authorities to do more to moniter and act on unfair business practices and criminal activities exploiting fears over the COVID-19 pandemic. The coronavirus pandemic has opened the floodgates of unfair, misleading and abusive business practices, hitting consumers hard and…

Read More UNCTAD calls for firmer action to better protect consumers during COVID-19

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Scammers are now trying to exploit Australians financially impacted by the COVID-19 crisis with new superannuation scams being reported to Scamwatch in recent weeks. Scammers are already trying to take advantage of the Government’s recent announcement that people suffering financial hardship can have partial access to their superannuation from mid-April. “Scammers are cold-calling people claiming…

Read More Scammers targeting superannuation in COVID-19 crisis

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Australians should be aware scammers are adapting existing technology to play on people’s fears around coronavirus and selling products claiming to prevent or cure the virus. Since 1 January 2020, the ACCC’s Scamwatch has received 94 reports of scams about coronavirus, but warns figures are starting to climb. Scamwatch has received multiple reports of phishing scams…

Read More Warning on COVID-19 scams

Animated computer screen against green background. On the screen is an animated online shopping checkout page Animated computer screen against green background. On the screen is an animated online shopping checkout page

Concert-goers are being warned to avoid paying for tickets via PayPal using the ‘friends and family’ function, as these transactions are not covered by the financial service’s buyer protection policy. The warning comes as Consumer Protection has received numerous complaints from Western Australians unable to retrieve their money after using this function to transfer funds…

Read More Scammers exploit payment loophole on PayPal